Chapter 852 (1/2)
Due to the complete privatization, Verizon is far away from the capital market. In recent years, Verizon's sense of existence among the public is very weak. Only the industry knows that this telecom operator has a deep-rooted strong layout in the mobile communication field.
During the dinner, Simon first discussed with Raymond Smith about pushing Verizon back into the capital market.
It's just another IPO.
There are many purposes and many benefits to this decision.
The first is to reduce the shareholding ratio of westerlow system to Verizon.
Under normal circumstances, business owners want to hold more shares in the company. Simon does the opposite, still in order to further integrate the westero system into the U.S. economy.
It's like this igritte IPO.
Taking into account the 100 million additional new shares issued recently according to the original green shoe mechanism, igritte's current total share capital has reached 4.426 billion shares, of which the number of shares held by westero company is 2.561 billion, and the shareholding ratio has been reduced to 57.9%. The biggest benefit of transferring up to 42.1% of the shares to igritte's management and investors is that igritte suffers less potential targets.
Tens of millions of investors' interests of more than 100 billion US dollars are tied with the westero system. Whether the federal antitrust agency or many competitors inside and outside the United States want to target igritte, it is a huge capital alliance behind igritte.
If you don't pay attention to it, it may break into pieces.
The U.S. telecommunications industry has been developing for more than a hundred years. If we want to break the deep-rooted old pattern, we will inevitably face many potential obstacles. Undoubtedly, the integration strategy can reduce these obstacles to the greatest extent.
The second is to raise money.
This is also the key expansion strategy of westrow system in the next few years. Taking advantage of the good market form, we should reserve more cash through listing or issuing bonds as much as possible. In the past, many new technology companies emerged in 90s after the Internet bubble burst.
The third reason is that it is more intuitive and convenient to complete the merger with AOL after listing.
Even the $30 billion valuation of Verizon Telecom, which is not listed on the stock market, is still low in Simon's view. If it directly merges with AOL, which has a high market value, it will be difficult to make a valuation satisfactory to all parties, and it may also cause potential litigation risks.
After the listing, the share prices of both sides are determined by the capital market, and the re start of the merger will not cause too much controversy.
Simon also discussed with Raymond Smith in advance the personnel issues after the merger of AOL and Verizon.
There is still some origin in this matter.
At first, the predecessor of AOL was just a start-up company providing network services attached to the predecessor of Verizon Bell Atlantic. At that time, Raymond Smith was already the leader of Bell Atlantic. Now AOL CEO Steve case is just an entrepreneur, and their status is very different.
Now, AOL is in the ascendant. Although their identities cannot be completely changed, once they are merged, Raymond Smith can only become a subordinate of Steve case.
Simon is very cautious about this kind of thing.
If Raymond Smith is unable to work closely with Steve Case or even restrict each other after the merger, the merger will be meaningless and may even bring disastrous consequences to the two companies. The decision to merge is unlikely to change, so Simon can only kick out one of the two if there are signs.
However, neither of them is out of the game that Simon would like to see.
Speaking about it during the meal, Raymond Smith expressed great regret and said that he would try his best to cooperate with case in the future, which reassured Simon a little, but it was not absolute.
Many things are easier said than done.
In the next few days, the media's comments on the 1995 Forbes 400 list of the rich in the United States became more heated. After all, there were too many highlights on this year's list.
Simon's personal wealth of $700 billion is high and hard to shake.
Immediately after that, the personal net assets of Microsoft founder Bill Gates also increased to $57.3 billion. Compared with 1994, the growth rate has also reached more than 100%.
Warren Buffett, the third place winner, has a personal wealth of 12.6 billion US dollars, which is beyond many people's expectations. To a large extent, it is thanks to the acquisition of metropolitan ABC Group by Daniels entertainment. Berkshire Hathaway, which owns Metro ABC Group, has been on the rise in recent months because of this positive trend.
Fourth place Larry Ellison is a dark horse. His $11.7 billion personal wealth mainly comes from his 31.2% stake in Oracle.
With the explosion of new technology industry and the close connection between Oracle and westero system, the market advantage of Oracle's database software has become more and more obvious in recent years. When Forbes counted the list, the market value of Oracle has reached 37.6 billion US dollars. Even if it can't be compared with 100 billion market value Big Macs such as igritte, it has surpassed most traditional enterprise giants in the US stock market.It is worth mentioning that westero's current shareholding in Oracle remains at 24.6%, so this company alone has contributed $9.2 billion to Simon's personal wealth.
Paul Allen, No. 5, has a personal wealth of $10.9 billion.
According to Forbes, the reference market value of Bill Gates and Paul Allen is US $151.5 billion. According to this calculation, the 18.7% stake of Westeros in Microsoft also contributed US $28.3 billion to Simon's personal wealth.
The sixth, seventh and eighth place are tied.
They are Tim Berners Lee, Jeff Bezos and Carol Bartz of igritte. Their wealth is 8 billion dollars.
The same super black horse.
At the beginning, Forbes magazine was just waiting for igritte to be listed to make a new annual list of wealth. Therefore, the wealth of the big three was based on the closing price of igritte on the first day of listing on October 6, and so was Simon's personal wealth.
John Kruger came in ninth with a personal wealth of $6.1 billion.
John Kruger is 81 years old this year. The old media tycoon who once fought with Sam leishidong for the control of Orion film and wanted to enter Hollywood has gradually retired. Over the years, he has been clearing up and selling a large number of assets, and then turning them into trust investment to prepare for the inheritance of wealth. Many TV stations of Fox TV network established by Rupert Murdoch are all of them From John Kruger's macro media company.
The 10th place is the Walton family brothers Jim Walton and John Walton, who are tied with the 11th place. Their personal wealth is $4.6 billion.
The Waltons are still to be reckoned with.
However, due to various reasons of equity changes, the wealth of Sam Walton's widow and four children is no longer uniform. After the two brothers, the personal wealth of the other three Waltons continues to occupy the 12th to 14th place, but the wealth figures are US $4.5 billion, US $4.5 billion and US $4.3 billion respectively.
After the top 10, it is worth mentioning that Alice Ferguson, the former housekeeper of the Westeros family, came in 15th with a personal wealth of $4 billion.
Amy Pascal, CEO of danielis entertainment, is 17th on the list with a personal wealth of $3.5 billion.
In addition, Claire Gein, the 35th c-girl, with a 13.2% stake in tincobail, is tied with Neil Brantley, the 36th founder of tincobail. Both of them are valued at $2.2 billion.
After that, d-girl Deborah Lipman also ranked 87th with a 56% stake in instagram and a personal wealth valuation of $1.1 billion.
This year's Forbes list of the 400 richest people in the United States has a threshold of $340 million, which happens to be closed by the famous talk show host Oprah Winfrey.
In the list of 400 people, excluding Bill Gates, Paul Allen, Larry Ellison and other famous enterprises that are only held by the westero system rather than controlled or supported by the westero system, Simon, Tim Berners Lee, Alice Ferguson, C girl and others who are really closely connected with the westero system can be regarded as ”western” rich, with a total of 37 People.
If it wasn't for deliberate suppression from all sides, ”Simon westero's control of the United States” would definitely become a hot topic on major media platforms in the near future. When a person relies on a huge amount of wealth to have a decisive impact on the politics, economy, culture and even military aspects of a country, the control is almost the same.
In fact, the westero system is far from reaching a certain level, but this trend is very obvious.
Just like this time.
Compared with the atmosphere of public opinion in the past few years, the media is full of excitement, and there are less clamour to restrict the continued expansion of Simon westero's personal wealth or to enact targeted tax laws. On the contrary, there are more and more doubts about the $700 billion figure.
That's what Simon wants to see.
700 billion dollars. How could it be?
All right.